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Shifts in Social Network Spending

Last year ends and the new year begins with major shifts in social network advertising spending. With 350 million users worldwide, Facebook is the #1 destination for marketers worldwide. Facebook has surpassed its former rival, MySpace, with marketers worldwide projected to spend $605 million on Facebook versus $385 million on MySpace in 2010.

Overall, online social network ad spending in the U.S. is predicted to reach more than $1.21 billion in 2009, an increase of 3.9% over last year. 2010 will see stronger growth of 7.1%.

Download the full report, “Social Network Ad Spending: 2010 Outlook.”

Contact KEO Marketing for more information about social networking.

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KEO Marketing delivers innovative marketing solutions designed to help your business achieve tangible results. Specializing in online marketing strategy and solutions, KEO Marketing has helped Fortune 1000 companies as well as small and medium sized businesses achieve their marketing and sales goals.
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